Price: $0.38350 -9.3085%
Market Cap: 56.29B 1.9268%
Volume (24h): 18.87B 0.4%
Dominance: 1.9268%
Price: $0.38350 -9.3085%
Market Cap: 56.29B 1.9268%
Volume (24h): 18.87B 0.4%
Dominance: 1.9268% 1.9268%
  • Price: $0.38350 -9.3085%
  • Market Cap: 56.29B 1.9268%
  • Volume (24h): 18.87B 0.4%
  • Dominance: 1.9268% 1.9268%
  • Price: $0.38350 -9.3085%
Home > Information news > Pepe Unchained ($PEPU) Presale Blasts Past $9 Million As $PEPE And Layer 2 Activity Skyrocket

Pepe Unchained ($PEPU) Presale Blasts Past $9 Million As $PEPE And Layer 2 Activity Skyrocket

Release: 2024/08/17 12:06 Reading: 470

Original author:Inside Bitcoins

Original source:https://coinmarketcap.com/community/articles/66c0191465883c65e00d6087

Pepe Unchained ($PEPU) Presale Blasts Past $9 Million As $PEPE And Layer 2 Activity Skyrocket

Pepe Unchained Smashes Past $9 Million in Presale

Pepe Unchained ($PEPU) has surged past the $9 million mark in funding raised during its presale, just six days after reaching $8 million.

Investors have been drawn to the new Pepe token, which operates on its own Layer 2 blockchain on Ethereum. Notably, a whale recently invested $3.13 million in $PEPE during a market dip.

Simultaneously, there has been a significant increase in activity surrounding Ethereum Layer 2 solutions. Coinbase's Base chain processed 3.6 million transactions on Monday, while all Layer 2 protocols collectively handled over 12 million transactions on Tuesday.

Influencers such as Austin Hilton, with 273,000 subscribers, are promoting $PEPU, contributing to its momentum.

With the presale approaching its two-month anniversary, Pepe fever is expected to propel Pepe Unchained to $10 million by the end of the weekend. Investors can still purchase $PEPU at $0.00909010, the lowest remaining price.

Pepe: From Imprisonment to Unchained

$PEPU is popular among meme coin enthusiasts due to its high staking rewards (over 218% APY), as well as its low fees and lightning-fast speeds compared to other ERC-20 meme coins.

The token's potential listing on exchanges following its ICO could attract further funding. An initial investment of $100 would yield over $11,000 $PEPU tokens.

Inside Pepe's Layer 2

Pepe Unchained is the first Pepe token to operate on its own proprietary Ethereum Layer 2 blockchain. Ethereum, known for its smart contracts, experiences congestion and high transaction fees due to its limited transaction processing capacity.

Layer 2 protocols, like Pepe Unchained's, address this limitation by processing transactions off-chain before adding them to the main Ethereum ledger. As a result, Pepe Unchained offers significantly faster and cheaper transactions.

Pepe Unchained has its own dedicated block explorer and allows for instant, low-cost bridging to Ethereum's Layer 1. Its unique combination of utility and cost-efficiency sets it apart in the meme coin landscape.

Pepe Unchained has been thoroughly audited and found to be secure. Given its strong momentum and the growing popularity of Layer 2 solutions, $PEPU is poised to make a significant impact on the meme coin and Layer 2 markets.

Don't miss the opportunity to join the rising tide of $PEPU. Visit the Pepe Unchained presale website today.

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